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Why No-Discount Energy Plans Are Trending in Victoria
Electricity plans WITHOUT discounts are now the most popular type of power plan in Victoria, according to the state’s energy regulator. But don’t worry, it could actually be a good thing!
The Victorian Essential Services Commission (ESC) stated in its annual Energy Market Report that these undiscounted deals made up 55 per cent of all market offers in the state on June 30, compared to 37 per cent the year before.
In contrast, market offers with conditional discounts only made up 25 per cent of deals on this same date, down 30 per cent on the previous year. The rest were plans with guaranteed discounts.
Since the introduction of the Victorian Default Offer (VDO) in July 2019, no-discount plans…
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